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20121204
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Search Results 0 to 13 of about 14 (some duplicates have been removed)
because of the gridlock in washington over this fiscal cliff. christine, you had a behind-the-scenes look yesterday at what's happened. >> i interviewed the ceo of fedex about the fiscal cliff, energy securities, but along the lines of the fiscal cliff there were a lot of people at this event, gene sperling, an adviser to the president, roy blount, a republican senator from tennessee there as well. people are grim right now about where we are on the fiscal cliff. i asked the ceo of fedex, he employs people. he is shipping packages. he cares about the price of oil, price of energy, and he cares about the clarity of what's happening in washington. listen so what i asked him. >> as a ceo, when you're watching the fiscal cliff, how do you make decisions? is it irrelevant to your business if we go over the fiscal cliff? how does a ceo look at what's happening in washington and decide for next year? >> most of the ceos look at the situation in washington with complete amazement and dismay to be frank about it. the problem is the ideological pinnings on both sides of this argument are so difficu
. it had few specifics. the white house rejected it. tracie potts joins us from washington with the details. >> reporter: good morning, everyone. with a white house proposal and republican proposal on the table, you'd think we would have somewhere to begin negotiations. the white house says what republicans have offered isn't even a start. six governors, democrats, and republicans weigh in on the fiscal cliff today. what will they tell president obama about the spending cuts and tax increases now just 28 days away? >> we must reign in our out of control spending. >> reporter: republicans have an offer, $800 billion in new taxes, half what the president wanted. $600 billion saved in part by making americans wait until they're 67 to get medicare. plus more cuts totalling $2.2 trillion. but no tax hikes for the wealthy. >> that's just not going to happen. >> reporter: the pentagon could take the biggest hit from president obama told defense experts monday, don't worry. >> even as we make very tough fiscal choices, we're going to keep investing in these programs. >> reporter: he went online on
of washington on the budget, stocks tumbled yessterday. oracle is among the latest corporations trying to beat the clock on next year's expected tax increase. oracle's board has approved accelerated dividend payments for the second, third and 4th quarters of next year. nhl owners and players plan to meet today in a renewed effort to move the puck on labor talks. let's see what's going on with the market today with matt shapiro, president of mws capital. good morning to you. > > good morning angie. > this is certainly one moody market. it seems to move on every word that comes out of washington. > > absolutely. actually, i am surprised, given the stalemate that we had this weekend and the gop yesterday having a counter offer - they are miles apart, but the market really held in there, and i think, at this point, the market is just basically pricing in that nothing really good is going to happen in washington, at least for now. > what about manufacturing matt? the numbers came in solid for china, not so good for the u.s. there was a bit of a slip. > > i think some of that is the concern. but at
of the program on arab politics at the washington institute for near east policy a "american bandstand" group of scholars whose mission is to advance america's interests overseas. how big a move is this movement of chemical weapons? what does it tell us in the big picture? >>guest: it is very significant. it highlights the desperation of assad regime, the fact he is mixing the recursors of sarin gas, that is a scare tactic for us to keep us out of it, and, also, warning the people of syria he could be prepared to use these if he is brought down. >>shepard: based on what the united states has said and not said or done, what is the united states goal? >>guest: the united states does not want to be involved militarily. 40,000 dead on the ground that we know and another 40,000 missing and likely resumed dead, we don't want to get involved militarily or set up a in fly zone. we have left saudis to arm the rebels in turkey but the result of that is mostly islamists have been getting the weapons in syria. we want this to end quickly and we would like russia to offer an escape package for bashar al-a
here in washington. it is a heated rivalry. >> bill: even if your team loses, don't you think you would wear the gear? >> i have the hat. i am absolutely loyal. they played a solid game last night. right up until they didn't win. >> they almost won. >> spoken like a true fan. they played a great game until they lost. >> bill: here's what it sounded like on espn right at the end there. >> rejuvenated football in the nation's capital. redskins and giants split. it looks like they've won a game here at fedex field. and all they are is within a game of the division lead. >> bill: 17-16. >> i will say as a giants fan the redskins are a solid contender this year and they have a fabulous rookie quarterback. >> bill: rgiii. >> he's very good. >> bill: there we go. we've got the nats and redskins coming up. whoa suddenly, sports town. >> i wouldn't get too carried away with that. the last couple of games they looked very good. they also lost to the panthers this season and they had some very terrible games. if th
term the best way to break washington stalemates, rally the public to their cause. here's how the president put it to cbs news. >> so getting out of this town, spending more time with the american people, listening to them and also then being in a conversation with them about where do we go together as a country, i need to do a better job of that in my second term. >> better job of explaining? >> well, explaining, but also inspiring. >> reporter: wolf, when it comes to a deal on averting the fiscal cliff, negotiations are on deep freeze. from the white house's perspective, they're not going to budge until house republicans come around to the view that tax rates on the wealthiest have to go up. but you know house republicans don't want to agree to any kind of deal that includes that. so right now it's a blinking contest. of course, the white house thinks it's one they'll ultimately win, because in the new year tax rates automatically go up. >> and there could be a recession once again if we go into that fiscal cliff. how worried are officials over at the white house that the pr
. >>> also at home, new developments in the tax showdown in washington. a deal has to get done by january 1st or everyone's taxes will go up. we'll talk about what it will take to get negotiations back on track. >> republicans had their proposal yesterday. we'll see what the reaction is. >>> also, take a look at this video. is this the real-life grinch who stole christmas. the man caught on camera stealing christmas decorations. letting the air out of the whole thing. we'll get more on that in just a moment. >>> also, jessica biel here live. what's life like right now being married to justin timberlake. also, a new movie, on the way, "playing for keeps." so much to talk to her about today. >> that is coming up. >>> let's go to lara, live, all morning long, at buckingham palace with the latest details on the royal baby. good morning, lara. >> good morning, george. what a joy to be here on this day of celebration here in england. folks cheering and giving a thumbs-up as they pass. buckingham palace behind me. and the papers shouting out the great news. there's the picture on "the times." "we're
-war in washington, from one half of the team that produced the deficit-cutting plan republicans say is their inspiration, democrat erskine bowles. >> there are over $7 trillion worth of economic events that are going to hit america in the gut. i think impact would be really strong. if anybody thinks this is going to be a slope better wake up. >> ifill: the link between brain injury and sports, new evidence ties repeated blows to the head to long-term damage. we take a look. >> brown: ray suarez looks at the firestorm over israel's announcement it will expand settlements in the west bank. >> ifill: elizabeth brackett looks at how one chicago school is dealing with the transition to new state-wide standards. >> i really did find that the kids do understand more, and they learn more. they're more interested in what they're learning. >> brown: plus, as global carbon dioxide levels hit record highs, we analyze the increasing difficulty of combating climate change, with carol davenport of the "national journal." >> ifill: that's all ahead on tonight's newshour. major funding for the pbs n
in washington. plus how many people are selling stocks just because they'll take their gains this year. because taxes will be higher next year. >> you're seeing people with if you have a large position in a company, this is probably the right time to take it. if it's a large percentage, 10%, 15%, 20% of your net worth, sell it now. >> and if you're planning to retire in the next three to five years, you're probably better off doing your allocation change thousand than you are saying -- >> this might be awful next year, too. isn't moynihan going to -- if we go over the cliff, it's not going to be a great year for stocks. >> it won't be a great year for hiring. >> left's already started. everybody is hiring temporary workers. they're not buying. they're leasing. you have more up front costs because you're trying to defer any long tirm purchase. but that's been happening now for two months. so you can look at the other way and say if we actually get a resolution, you might have more certainty which we're all looking for and companies saying you can actually make a capital projection as opposed to
everyone is warning about is to be avoided. >> if they got to agreement the way washington is too quickly, their own side would just kill 'em because they wouldn't think they had negotiated hard enough. you know, they've got to go through this exchange. this is no different than when, you know, you list your house, you know, you put up one price, somebody comes in with a lower price, you kind of reach a middle ground. the thing i'm sure of is that we got to end up with at least $4 trillion of deficit reduction. some of that's got to come from revenues. i guarantee you the white house isn't going to do a deal unless it has an increase in tax rates for part of that revenue. i'm assuming that the republicans are going to insist that there be more cuts on the health care entitlements than what's been put on the table to date. >> ifill: here's the difference between what we're seeing now and what happens when i put my house on the market. at the end of this year there will be consequences. it's unclear... in the past when these consequences or these deadlines have arisen they've just put them
massacring his citizens for nearly two straight years. martha raddatz, abc news, washington. >> it's a little hard to believe since tens of thousands of folks have been killed already, use of chemical weapons would be off limits to the syrian regime right now. considering rebels have made advances that may be one of the most powerful weapons the government has in its arsenal right now. again, that's a red line according to the u.s. if chemicals are used, that could draw us into this conflict militarily. that is a whole different level of involvement here, and according to some senior officials, our folks, military have started to run drills in preparation for chemical attacks. that situation growing more serious. >> syria maintaining that they're not preparing for any sort of chemical warfare. though they have begun mixing compounds according to several sources. as she mentioned the sarin gas could be most readily used to fill artillery shells. real quickly, the united nations said monday they're immediately pulling all nonessential employees out of syria because of this new development. >> h
the christmas tree in washington. a moment greg never misses every year. up next, what is the one thing that five fans told greg over and over while he was on the road trip? answer might surprise you. right back with it. [ male announcer ] are you on medicare? do you have the coverage you need? open enrollment ends friday, december 7th. so now's the time to get on a path that could be right for you... with unitedhealthcare medicare solutions and plans including aarp medicarecomplete, insured through unitedhealthcare. call today to enroll. these medicare advantage plans can combine parts a and b, your hospital and doctor coverage... with part d prescription drug coverage, and extra benefits... all in one complete plan... for a $0 monthly premium. no more than what you already pay for medicare part b. other benefits can include 100% coverage for an annual physical and immunizations, vision and hearing coverage -- and prescriptions as low as $2... at pharmacies and retail locations like these. ♪ don't wait. let's get you on the right path. call today to enroll in a plan from unitedhealth
--read staffed somewhere else beating thank you jackie. >> the latest from the fiscal cliff talks in washington competing plans for the white house and republicans and little talk of compromise. the white house plan raises taxes on income over too much of $50,000 with 350 billion in cuts to medicare and 200 billion in new stimulus and infrastructure spending. the republicans counter offer has deeper cuts to medicare and reduces the social security cost-of-living increase. but it has no tax increases. it raises revenue through closing tax loopholes and deductions. if the white house immediately rejected the republican proposal. the president saying he would not accept any proposal without a tax increase for wealthy americans. >> u.s. official said the white house and its allies are weighing military options to secure serious chemical and biological weapons. the cult-that this comes after u.s. intelligence reports show the syrian regime may be readying those weapons and may be desperate enough to use them. president barack obamas told an audience at the national the fifth anniversary monday the u
Search Results 0 to 13 of about 14 (some duplicates have been removed)

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